Tandem Bank acquires £100m mortgage book from Bank and Clients
Private bank’s customers won’t notice the transition, claims challenger.
Challenger Bank
Hapi rolls out UK savings and investments app for parents
The start-up is backed by Entrepreneur First.
Texan digital challenger Fair set to launch in Spring
This month, the start-up opened its waiting list.
Cashplus lands full banking licence after 15 years as an EMI
The ability to lend on its deposits pits Cashplus directly against Starling.
Oxbury Bank goes live on Naqoda core banking system
The two have worked together since Oxbury’s inception
Absa launches digital bank Spot Money in South Africa
The open banking platform integrates with various bank and payment services.
Fintech funding deals globally 25-31 January 2021
Featuring Robinhood, Nubank, Melio Payments, Albert and Rhino.
Dozens signs banking deal with ClearBank
ClearBank to provide account numbers, sort codes, and Faster Payments access.
Nubank rakes in $400m to fuel expansion in Colombia and Mexico
Brazilian challenger reaches $1.8 billion in total funding raised.
Has JP Morgan Chase learnt the lessons of Finn and Bó?
This isn’t its first challenger start-up foray.
Black-owned US challenger Greenwood Financial hits 500,000 sign-ups in 100 days
“We see that there is definitely an appetite for what we’re doing,” says co-founder, Ryan Glover.
The five p’s of banking
Banks have relied on the “five p’s” – people, physical cash, premises, processes and paper.
FinTech Futures Jobs: new year, new job – five tech companies that are hiring now
Featuring CGI, Cleo AI, Freetrade, Market Finance, and Monzo.
Prospective UK challenger Perenna lands $10m ahead of Q3 launch
The fintech lodged its banking licence in the last quarter of 2020.
Goldman picks Marqeta to power Marcus current account rollout
Marcus plans to launch its new accounts later this year.
ADQ’s unnamed neobank nabs new CEO from Emirates NBD
Patel joins the upcoming challenger after leading Emirates NBD’s challenger Liv.
Dubai-based Bankiom promises “new way” to manage money
Banking app promises fast account setup and loan processing.
Irish banks plan payments rival to take on fintech entrants
AIB, Bank of Ireland, TSB, and KBC pull together to battle fintechs like Revolut.
Canadian challenger Koho appoints new CTO
Jonathan Klein joins the neobank from Wayfair.
Revolut applies for UK banking licence to boost primary account numbers
Fintech unicorn seeks to transition to full bank in the UK.
San Francisco challenger Oxygen raises $17m in Series A
Runa Capital, S7V, EFG Hermes, and Rucker Park, took part in the investment.
UK challenger B-North raises £250,000 and signs deal with Channel 4
Channel 4 signed an advertising-for-equity deal.
Oxbury plans 2021 launch after fresh £15m injection
Challenger bank for farmers receives investment from Duke of Westminster’s estate.
What the Fintech? Season one | Fintech Jail
Here’s a list of all the buzzwords in our What the Fintech podcast game, “Fintech Jail”.
EXCLUSIVE: Neobank First Boulevard launching next year to target Black America
CEO and founder, Donald Hawkins, tells FinTech Futures about the process of the name change.
Mexican challenger albo raises $45m in Series B funding round
Albo has now raised just over $72 million across five rounds.
Swiss challenger Alpian picks cloud hosted Temenos tech
Alpian plans to deploy Temenos Transact and Temenos Payments in a SaaS model.
Mozper lands $3.55m to launch kid debit card in Mexico
In August, Mozper – with the help of partner Visa – launched its closed beta with 500 families.
Australian business banking challenger Gallantree adds crypto function
Gallantree targets entrepreneurs, family offices, and high-net-worth individuals.
Challenger for teens Step raises $50m in Series B
Among new investors are Charli D’Amelio, Justin Timberlake, Eli Manning, and Mantis VC.
Greek challenger Woli to launch “neobank for families” next year
The fintech is looking to Europe for its launch.
Video: Top fintech stories this week – 04 December 2020
FinTech Futures’ weekly news round-up.
Savings: the new battleground between challenger and incumbent banks
Reputation is taking a backseat when it comes to choosing where savers keep their money.
Banking Tech Awards 2020 hosted online by Tom Ward
Join comedian Tom Ward for the 2020 Banking Tech Awards. Broadcast online on 10 Dec, 3:30pm GMT and is free to attend.
G2A co-founder launches banking challenger Zen in 32 countries
Zen’s offering is split into consumer-facing and business-facing.
Indian challenger Finwego looks to lend to private schools
The neobank claims to work with 700 partners already.
San Fran alternative lender Oportun applies for banking charter
Oportun currently has licences in 12 states.
New challenger Klear emerges in India
Klear promises an “approachable and easy” way to understand financial health.
Be Money rebrands as Daylight in preparation for US launch
Daylight promises a range of LGBTQ+ services to support its customers.
Starling Bank claims to be UK’s first profitable challenger bank
CEO Anne Boden announced £800,000 profit in a company update.
